Pierre Portfolio Investment Opportunity

For Sale

320 W Dakota Ave, Pierre, SD 57501

This Pierre property for sale is located at 320 W Dakota Ave. Contact the listing broker for details on the current sale price for Pierre Portfolio Investment Opportunity. Pierre Portfolio Investment Opportunity is situated on a lot that is 5.06 acre in size.

Contacts

broker
Michael Martin, CCIM

NAI Sioux Falls

Property Details

  • Property Type Other
  • Property Size 83,096 SF
  • Units 92
  • Lot Size 5.06 Acre
  • Year Built 1974
  • Date Updated Apr 17, 2025
Pierre, SDNAI Sioux Falls is proud to present a unique portfolio investment opportunity consisting of multifamily, commercial, and land assets in the heart of Pierre, SD. All assets to be sold in one sale. This portfolio includes 92 multifamily units across 8 properties, land parcels with development potential, including a single-family home ordered for demolition, and a laundromat offering potential commercial income. All properties are centrally located within a five-block radius in downtown Pierre, offering a rare opportunity to expand a real estate portfolio in Pierre with strong rental upside. Key transaction details include an as-is sale, where all properties will be sold in their current condition. All multifamily properties will be delivered vacant, with no tenants in place, allowing for immediate repositioning. All properties have had new roofs installed in 2024. The call for offers is set for April 30, 2025. Most recent appraisals will be provided with a signed Non-Disclosure Agreement. Property tours will take place on Monday, April 7, 2025, and Friday, April 18, 2025. This is an exceptional opportunity to acquire a strategically located portfolio with value-add potential.
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Highlights

  • NAI Sioux Falls is proud to present a unique portfolio investment opportunity consisting of multifamily, commercial, and land assets in the heart of Pierre, SD. All assets to be sold in one sale.

Getting around

  • 55/100

    Walk Score ®

  • 76/100

    Bike Score ®

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Location

  • City Pierre, SD
  • Zip Code 57501

Points of Interest

  • Sinclair

    0.07 miles

  • Grey Goose Store - Gas

    6.68 miles

  • Super 8 Pierre SD

    0.11 miles

  • Quality Inn

    0.12 miles

  • Days Inn by Wyndham Pierre

    0.19 miles

  • Baymont Pierre

    0.30 miles

  • Governor's Inn - Pierre

    0.31 miles

  • Econo Lodge

    0.31 miles

  • ClubHouse Hotel & Suites

    0.37 miles

  • Ramkota Hotel and Conference Center

    0.48 miles

  • AmericInn by Wyndham Fort Pierre Conference Center

    0.70 miles

  • My Place Hotel - Fort Pierre, SD

    0.89 miles

  • Walmart Supercenter

    2.46 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Michael Martin, CCIM

NAI Sioux Falls

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